Tag Archives: property markets

Reliance Capital prepares to launch its maiden real estate focused fund of र 1,000 crore by the end of the year 2012. Reliance Capital is owned by Anil Dhirubhai Ambani (ADA) Group. This maiden launch of Reliance Capital in the realty industry will be done under the surveillance of Reliance Portfolio Management Services (PMS). The new fund will aim at constructing residential properties. The investment will be concentrated in the cities like Pune, Chennai, Bangalore, Mumbai and Delhi primarily. Reliance selected these cities as the real estate markets of these cities are more firm and have an increasing value appreciation.

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